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RE: Why I believe in Bitcoin and crypto

in #bitcoin7 years ago

Bitcoin is for the rebels, though I would temper that by saying that Bitcoin is for the rebels who are actually very level-headed and are sick of being forced to participate in a rigged financial game. Bitcoin holds the potential to free average people from the ponzi scheme known as central banking. This isn't rebellion with weapons and violence, this is rebellion with advances in human thought and technology. Bitcoin holds out the possibility of preventing the world from slipping into a neofeudal (neooligarchic) by breaking the free money apartheid system (as Max Keiser calls it).

A second point. I still don't completely understand why people in the crypto space admire Buffett. I saw this article today and thought is summarized a few of the points as to why Buffett is a good example of capitalism's failures (as if we can call modern day capitalism the Adam Smith version of capitalism). https://www.marketwatch.com/story/why-warren-buffett-is-a-prime-example-of-the-failure-of-american-capitalism-2018-02-15

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I admire Buffet's investment philosophy, he is the ultimate Hodler. He does not understand tech or crypto, but it's his investment principles can be applied to crypto investment.